Space Platform CesiumAstro Closes $12.4 Million in Series A Funding
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CesiumAstro, Inc., creator of an “out-of-the-box” high-performance multi-beam active phased array communication systems for space and airborne platforms, secured a $12.4 million Series A funding round led by Airbus Ventures. Additional investors in the round include Kleiner Perkins, Franklin Templeton Venture Fund, Lavrock Ventures, Honeywell Ventures, and Analog Devices Ventures.
Built on a system of scalable and modular “LEGO®-like” software defined architecture, Cesium products turn digital bits into steerable, shapeable radio frequency beams and provide complete communications systems in a customizable plug and play kit. Cesium’s fully-integrated systems are designed to require only a single power cable and digital connection to make a high-speed communication link, resulting in a low-cost, seamlessly-integrated communications system for satellites, UAVs, launch vehicles, and other aerospace platforms.
The company plans to use the funds to scale the team and expand the development of a wide range of frequency offerings and system configurations.